Payday Loans are High-Cost Loans

In Manitoba, the maximum allowable charge for a payday loan is 17% of the principal amount of the loan.

Sample $300 loan for 12 days:
Total cost of credit = $51
The Annual Percentage Rate (APR) = 517.08%
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The total that must be repaid is: $351.00

This information meets the requirements of The Consumer Protection Act. To learn more about your rights as a payday loan borrower, contact the The Consumer Protection Office at 945-3800, 1-800-782-0067 or at http://www.gov.mb.ca/cca/cpo/.

$17 per $100 borrowed

Fees and Charges:
If you obtain a payday loan from us, you will pay the following fees and charges:

Loan Fee of 17% of the loan principal, payable on the loan repayment date

NSF Charge of $25, for a dishonoured cheque or pre-authorized debit. This charge is payable only once per loan, regardless of the number of cheques or pre-authorized debits dishonoured

Default Interest of 30% per annum for the first 90 days and then 26% thereafter, will be charged on the outstanding principal balance of the loan, if you fail to pay the loan in full on the repayment date.

By completing this online application, you are authorizing Cash Money to contact you by phone and email for a follow up.
Online application only offered to residents of Alberta, British Columbia, Nova Scotia, Ontario and Saskatchewan.